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Shree Ram Protiens Ltd IPO (Shree Ram Protiens IPO) Detail

Jan 23, 2018 - Jan 25, 2018

Incorporated in 2008, Shree Ram Proteins Ltd is Rajkot Gujarat based company engaged in the business of de-linting and de-hulling of cotton seeds by mechanical process, oil extraction from cotton seeds and solvent extraction from cotton seeds oil cake and ground nuts.

The cotton linters are commonly used in manufacturing of papers and as raw materials for manufacture of cellulose. Cotton seeds oil cake, cotton seeds de oil cake and cotton hull are used as animal feeds. Cotton seed pre refine oil further process by refinery to convert in to edible oil.

Companys manufacturing process is in three stages:
1. De-linting and de-hulling of Cotton seeds, this process result in manufacture of shot fiber (linter), and De-linted cotton Seeds
2. Cotton seeds oil extraction process result in pre refine cotton seeds oil and cotton seeds oil cake and
3. Solvent extraction process, result in pre refine wash oil and de-oil cotton seeds cake.

Objects of the Issue

The object of the issue are:

1. Funding the working capital requirements of the company;
2. General corporate purposes.

Shree Ram Protiens IPO Details

Shree Ram Protiens IPO Date Jan 23, 2018 to Jan 25, 2018
Shree Ram Protiens IPO Face Value ₹10 per share
Shree Ram Protiens IPO Price ₹27 to ₹31 per share
Shree Ram Protiens IPO Lot Size 4000 Shares
Issue Size6,420,000 shares of ₹10
(aggregating up to ₹19.90 Cr)
Issue Type Book Built Issue IPO
Listing At NSE SME
Company Promoters

The promoters of the company are:

1. Lavjibhai Valjibhai Savaliya
2. Lalitkumar Chandhulal Vasoya

Shree Ram Protiens IPO Lot Size

The Shree Ram Protiens IPO lot size is 4000 shares. A retail-individual investor can apply for up to 1 lots (4000 shares or ₹124,000).

Application Lots Shares Amount
Retail (Min) 1 4000 ₹124,000
Retail (Max) 1 4000 ₹124,000

Shree Ram Protiens IPO Review

Considering exorbitantly priced offer, there is no harm in giving this issue a miss. (AVOID). Read detail review...


Shree Ram Protiens IPO Subscription Status (Bidding Detail)

The Shree Ram Protiens IPO is subscribed 4.81 times on Jan 25, 2018 5:00:00 PM. The public issue subscribed 6.68 times in the retail category, times in the QIB category, and 2.94 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
NII2.94
Retail6.68
Total4.81

Shree Ram Protiens IPO Prospectus

Shree Ram Protiens IPO Rating

88
4.0
Rating:Rated 4.0 stars
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Shree Ram Protiens IPO Listing Date

Listing Date Monday, February 5, 2018
BSE Script Code
NSE Symbol SRPL
Listing In
ISIN INE008Z01012
IPO Price ₹31 per share
Face Value ₹10 per share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
NSE SME
IPO Price: ₹31.00
Open: ₹28.95
Low: ₹28.95
High: ₹33.45
Last Trade: ₹32.55

Company Contact Information

Shree Ram Protiens Ltd
Imperial Heights Tower B,
Off. No.B 206 150 Ft Ring Road,
Rajkot - 360005
Phone: 91-0281-2581152
Email: info@shreeramproteinsns.com
Website: http://www.shreeramproteins.com

Shree Ram Protiens IPO Registrar

Link Intime India Private Ltd

Phone: +91-22-4918 6270
Email: srpl.ipo@linkintime.co.in
Website: https://linkintime.co.in/

Shree Ram Protiens IPO Review

Shree Ram Protiens IPO Recommendation Summary

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Shree Ram Protiens IPO FAQs

Shree Ram Protiens IPO is a SME IPO of 6,420,000 equity shares of the face value of ₹10 aggregating up to ₹19.90 Crores. The issue is priced at ₹27 to ₹31 per share. The minimum order quantity is 4000 Shares.

The IPO opens on Jan 23, 2018, and closes on Jan 25, 2018.

Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on NSE SME.

The Shree Ram Protiens IPO opens on Jan 23, 2018 and closes on Jan 25, 2018.

Shree Ram Protiens IPO lot size is 4000 Shares and the minimum order quantity is .

You can apply in Shree Ram Protiens IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

The finalization of Basis of Allotment for Shree Ram Protiens IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the Shree Ram Protiens IPO allotment status.

The Shree Ram Protiens IPO listing date is on Monday, February 5, 2018.
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Shree Ram Protiens IPO Message Board

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35 Comments

22. IPOBeginner |   Link |Feb 5, 2018 8:21:24 AM
Listed @ 32.95/-
21. deepak bafna |   Link |Feb 4, 2018 10:29:48 PM
1 upper circuit... possible ?
20. Hitesh Sheth |   Link |Feb 3, 2018 8:56:19 PM
2 UC confirm .... Be seated....
20.1. Umang and his ultrasonic uproar |   Link |Feb 3, 2018 9:57:45 PM
IPO Mentor IPO Mentor (500+ Posts, 500+ Likes)
It seems you are having some insider information. But it is difficult now. I know everything was arranged for U. C.
If promoter''s near & dear doesn''t sell in panic (because market gap down opening of 100 points on nifty is confirmed on Monday) , then 1 UC is possible. Am I right Mr. Hitesh???

19. SMEGuru |   Link |Feb 3, 2018 8:59:36 PM
Finger Crossed 2 UC
18. Adityadvyas |   Link |Feb 3, 2018 2:46:14 PM
Sure fase ho Bhai...20%lower circuit
17. singhsaab |   Link |Feb 1, 2018 2:48:56 PM
ALLOTMENT DONE
17.1. SDP |   Link |Feb 1, 2018 3:12:16 PM
i GOT 1 OF 2
16. Hiteshji |   Link |Feb 1, 2018 1:56:44 PM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Allotment done. From my bank account amount is debited. So guys please check your respective bank account.
15. SecTheta |   Link |Feb 1, 2018 1:56:04 PM
By evening 8PM, allotment status will be made public.
14. ramsita |   Link |Feb 1, 2018 1:36:35 PM
Top Contributor Top Contributor (200+ Posts)
Allotment






Aane



Ka


Time ??? Please
13. Hiteshji |   Link |Jan 31, 2018 6:43:29 AM
IPO Mentor IPO Mentor (500+ Posts, 400+ Likes)
Allotments tomorrow.
13.1. Vkacha |   Link |Jan 31, 2018 7:49:32 PM
Allotment time kya hy…
12. MAMU |   Link |Jan 26, 2018 5:23:55 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
1 upper circuit may posaible after seeing aggressive bid by HNI & track record of pantomath.
Hope it will list at decent number.
12.3. SecTheta |   Link |Jan 28, 2018 5:56:46 PM
It shouldn''t. Let''s see on listing :)
12.4. MAMU |   Link |Jan 28, 2018 6:45:00 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Guys this time i am hopeful just because of PANTOMATH rest all i dont think that it will list below issue price.
11. deepak bafna |   Link |Jan 26, 2018 8:21:48 AM
Shree Ram Kosak rate or premium any?
11.1. SecTheta |   Link |Jan 28, 2018 7:56:41 AM
Last heard GMP was 10-12k Sub2
10. RAJAKUMAR |   Link |Jan 25, 2018 3:10:51 PM
IPO Guru IPO Guru (1400+ Posts, 1200+ Likes)
AT 4 PM
TOTAL 4.4 times
RETAIL 6.3 TIMES
QIB + HNI 2.7 TIMES
9. Vivek SP |   Link |Jan 18, 2018 1:07:06 PM
Don''t understand the business strategy. Earning few lakhs on topline of more than 150 Crores. Inviting investors to contribute for working capital ..... @ P/E 75 ?
9.3. IPO Bhavnagar |   Link |Jan 24, 2018 3:36:30 PM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Now a Days, most of the SME players, focusing on IPO, just because Banks are not giving further loans or working capitals. All of them have a Dreams of Moving to Main Board in next 2 to 3 years. Just Valuation Game. Investors are pouring money like anything.. 200 to 300 time oversubscriptions. People just forget that, this segment is Purely for HNIs, not for small Investors.
9.4. SecTheta |   Link |Jan 24, 2018 4:09:28 PM
Makes perfect sense!
8. VINODCHANDRA C SHAH |   Link |Jan 20, 2018 1:28:22 PM
Is it worth to apply in this SME IPO for listing gain, what is subject to premium,
8.1. SecTheta |   Link |Jan 22, 2018 4:35:59 PM
There are better options.
7. darshan patel sme |   Link |Jan 18, 2018 5:18:18 PM
Hello, Guys is this SME IPO (Shree Ram Proteins) worth applying in this downtrend of the Market??

And if yes, how much returns we could expect?
6. IPOANALYSTS |   Link |Jan 18, 2018 4:06:02 PM
CLEAR CASE OF AVOID.STILL WHO WANT TO BOOK LISTING LOSS CAN INVEST IN THE ISSUE.INDIVIDUAL CAN TAKE THEIR OWN DECISIONS DEPENDING UPON RISK PROFILE
5. Parth R Patel |   Link |Jan 18, 2018 9:06:27 AM
Silly Monks SME IPO

It strikes on Friday probably rate is 172.8
Who have Allotment Silly Monks SME IPO do not sell it s daily limit 20 %
Plus everyday 20 % reach upto 190 to 200 after decide to sell
After 2-3 Upper circuit decided to sell
Silly Monks SME IPO
‌If you want to gain profit wait upto Tuesday after decide to sell reach upto. 190 to 200
Double your money wait...
4. pragnesh soni |   Link |Jan 18, 2018 8:44:56 AM
AVOID
3. RAJ STOCK |   Link |Jan 18, 2018 6:45:52 AM
Please any1 can tell GMP???